QUBIQ: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
QUBIQ
Largest movements
- Cash -€38,650
down €38,650 (-22.7%), from €170,476 to €131,826
mainly Contributions, distributions and other (-€51,593) and Investment in fixed assets (net) (-€21,211)
- Tangible fixed assets +€19,750
up €19,750 (+375.8%), from €5,255 to €25,006
of which Plant, machinery and equipment: +€16,356
- Receivables within one year +€13,256
up €13,256 (+33.6%), from €39,430 to €52,686
of which Trade receivables: +€9,610
- Other debts -€12,010
down €12,010 (-17.7%), from €67,725 to €55,715
- Trade debts +€4,185
up €4,185 (+88.8%), from €4,713 to €8,898
- Reserves +€2,185
up €2,185 (+1.8%), from €119,374 to €121,559
of which Distributable reserves: +€2,185
- Gross operating margin +€48,879
up €48,879 (+166.8%), from €29,301 to €78,180
- Taxes +€14,549
up €14,549 (+175.6%), from €8,285 to €22,834
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €215,236 | €209,660 | -€5,576 | -2.6% |
| Fixed assets | 21/28 | €5,255 | €25,006 | +€19,750 | +375.8% |
| Tangible fixed assets | 22/27 | €5,255 | €25,006 | +€19,750 | +375.8% |
| Plant, machinery and equipment | 23 | €2,078 | €18,434 | +€16,356 | +787.1% |
| Furniture and vehicles | 24 | €3,177 | €6,572 | +€3,395 | +106.8% |
| Current assets | 29/58 | €209,981 | €184,655 | -€25,326 | -12.1% |
| Amounts receivable within one year | 40/41 | €39,430 | €52,686 | +€13,256 | +33.6% |
| Trade receivables | 40 | €38,720 | €48,330 | +€9,610 | +24.8% |
| Other amounts receivable | 41 | €710 | €4,356 | +€3,646 | +513.8% |
| Cash at bank and in hand | 54/58 | €170,476 | €131,826 | -€38,650 | -22.7% |
| Deferred charges and accrued income | 490/1 | €76 | €143 | +€68 | +89.4% |
| Total equity and liabilities | 10/49 | €215,236 | €209,660 | -€5,576 | -2.6% |
| Equity | 10/15 | €131,774 | €133,959 | +€2,185 | +1.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €119,374 | €121,559 | +€2,185 | +1.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €117,514 | €119,699 | +€2,185 | +1.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €83,463 | €75,702 | -€7,761 | -9.3% |
| Amounts payable within one year | 42/48 | €83,463 | €75,702 | -€7,761 | -9.3% |
| Financial debts | 43 | €144 | €0 | -€144 | -100.0% |
| Credit institutions | 430/8 | €144 | €0 | -€144 | -100.0% |
| Trade debts | 44 | €4,713 | €8,898 | +€4,185 | +88.8% |
| Suppliers | 440/4 | €4,713 | €8,898 | +€4,185 | +88.8% |
| Taxes, remuneration and social security | 45 | €10,880 | €11,088 | +€208 | +1.9% |
| Taxes | 450/3 | €10,880 | €11,088 | +€208 | +1.9% |
| Other amounts payable | 47/48 | €67,725 | €55,715 | -€12,010 | -17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,183 | €1,461 | +€278 | +23.5% |
| Other operating charges | 640/8 | €882 | €734 | -€149 | -16.8% |
| Non-recurring operating charges | 66A | - | €55 | +€55 | |
| Gross operating margin | 9900 | €29,301 | €78,180 | +€48,879 | +166.8% |
| Operating profit (loss) | 9901 | €27,236 | €75,931 | +€48,695 | +178.8% |
| Financial income | 75/76B | €511 | €921 | +€410 | +80.2% |
| Recurring financial income | 75 | €511 | €921 | +€410 | +80.2% |
| Financial charges | 65/66B | €99 | €241 | +€142 | +142.9% |
| Recurring financial charges | 65 | €99 | €241 | +€142 | +142.9% |
| Profit (loss) for the period before taxes | 9903 | €27,648 | €76,612 | +€48,964 | +177.1% |
| Income taxes | 67/77 | €8,285 | €22,834 | +€14,549 | +175.6% |
| Profit (loss) for the period | 9904 | €19,363 | €53,778 | +€34,415 | +177.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,363 | €53,778 | +€34,415 | +177.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.